Stobart Group reported an increase in turnover and profit in its transport and distribution unit in its final year as a fully-owned division of the business. In March Stobart Group sold a 51% stake in transport division to Douglasbay Capital (Dbay) – the former owners of TDG – for £280.8m. The move saw William Stobart become chief executive the business now called Eddie Stobart Logistics. In the financial year ending 28 February 2014 discontinued operations at Stobart Group (which includes […]
Think Logistics has got off to a flying start this year with several major operators lining up to deliver workshops or offer mentoring support for students keen to learn more about the logistics sector.
C Butt has made its largest pre-tax profit in five years, and is back in the black for the first time in three years.
Stobart Group has entered the savings market with a new six-year retail bond. The retail bond is aimed at small investors, and will yield a fixed-rate of 5.5% per annum, while providing Stobart with another funding stream. Well known retail brands names such as Tesco, John Lewis and National Grid already market bonds, which offer investors relatively attractive interest rates in exchange for tying up their money. Stobart bonds will available to buy and trade on the London Stock Exchange, […]